sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Service Tax »
 12 ways to avoid paying more for bank services
 I-T return filing: Income Tax offices, Ayakar Seva Kendras to remain open from March 29-31
 Top 5 money matters you must settle before March 31 From income tax returns to LTCG,
 Steep fines for missing March 31 income tax deadline
 CBEC clears some air on refunds under GST, central excise, service tax laws
 3 key tax changes for senior citizens which will come into effect from April 1, 2018
 Income tax returns (ITR) filing: Not filed returns for 2 years? Beware! Deadline nearing
 All you want to know about HRA: When you can claim and how it is calculated?
 Income Tax Saving: 6 ways to save tax without investing before March 31 tax deadline
 Unnable to file your tax return? Take help of these portals
 Do you know which 80C instruments can help you save tax and carry no future tax liability?

Service tax exempted on certain GTA services
January, 06th 2009
The government on Monday fully exempted service tax on certain taxable services provided to a goods transport agency (GTA) by sub-contractors. A notification to this effect was issued by the Revenue Department, according to a Finance Ministry statement here. Evidently, the exemption is aimed at ending the ongoing nationwide strike by truckers as the continuation of the agitation may lead to supply side constraints and a consequent hike in prices of various commodities. These services provided by sub-contractors, the statement says, are generally used by GTAs during the course of transport of goods. The specified services which have been fully exempted from service tax are clearing and forwarding agent service; manpower recruitment or supply; cargo handling; storage and warehousing; business auxiliary service; packaging activity; business support; and supply of tangible goods. The statement notes that the tax on transportation of goods by road is on the gross amount of freight charges (after allowing abatement of 75 per cent) which includes the expenditure incurred on these services. Double taxation Since no credit is available to GTA services, separately charging tax on these input services leads to double taxation, which would be mitigated now, the statement said.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions